Procore closes DroneDeploy acquisition for about $845 million cash

Reuters2026/09/09 20:03

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Procore completed its acquisition of DroneDeploy on Sept. 9, 2026.
Deal value was about USD 845 million in cash, subject to customary adjustments.
DroneDeploy will operate as the surviving company and a wholly owned subsidiary of Procore.
The merger agreement was signed July 27, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Procore Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-386428), on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Procore closes DroneDeploy acquisition for about $845 million cash

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